Wall Street futures rise as investors await CPI and bank earnings

invezz.com (Dutch) —

US stock futures rose slightly Wednesday as investors awaited September inflation data and new bank earnings, while AI-linked shares attempted to stabilize after this week's selloff. Dow futures gained about 145 points, or 0.28%, with S&P 500 futures up 0.21% and Nasdaq 100 futures nearly flat. September consumer prices are expected to rise 0.6% month-over-month and 3.6% annually, with core CPI forecast up 0.2%. The 10-year Treasury yield hovered around 5.2% before the release, while Brent crude stayed above $105 following shipping attacks near the Strait of Hormuz. ASML raised its full-year revenue outlook to €44-45 billion and said demand for advanced lithography equipment could exceed capacity through 2028, with orders discussed into 2029-2030. Bank of America and Morgan Stanley report before the bell, following mixed results from major banks Tuesday.


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